Monday, April 09, 2012

A (Corn) Straw in the Wind

Des Moines Register reports China bought 50,000 tons of corn from Ukraine.  With corn prices high, we're going to bring a lot of land into the production picture; all it takes is the right land, the right climate, the right knowledge and the right infrastructure.  Over time the result will be a glut of corn on the market and depressed prices.  That's my geezer talking.

No comments: